Welcome to 5 Oceanic Street, a rare gem nestled in the heart of downtown Wrightsville Beach. This luxurious triplex epitomizes coastal living at its finest, offering immediate income potential and unparalleled convenience just steps from the Atlantic Ocean.Each of the three units has been meticulously renovated and updated with luxury in mind, offering modern amenities and coastal charm throughout. From the side-by-side 2-bedroom shotgun style units on the first floor to the spacious 2-bedroom unit with open floor plans and antique pine floors upstairs, every detail exudes elegance and sophistication. All units are sold fully furnished with HIGH end professional interior design selections making this a true ''turn-key'' investment.This historic building, though age-old, has been transformed into a fortress of modern comfort, ensuring durability and longevity for discerning buyers. With two coveted parking spaces per unit, convenience is paramount for both residents and guests alike.Indulge in the vibrant beach lifestyle with renowned dining destinations such as Tower 7 and the iconic King Neptune's just a stone's throw away. Sweetwater surf shop and Jimmies add to the allure, offering endless opportunities for entertainment and exploration.Perfect for the astute investor seeking both immediate income and long-term flexibility, this property presents the option to renew the lease or even occupy one of the units while renting out the others. Don't miss this unparalleled opportunity to own a slice of paradise in Wrightsville Beach, where luxury, convenience, and coastal charm converge in perfect harmony.*Perfect opportunity to ''house hack'' and or take over operating the property as a short term or midterm rental. Solid rental history and future rental income projections are VERY strong. This property is ready to perform for you and your family or portfolio!
Property Details
Property Features
Property Information:
Year Built: 1945
Stories: 2
Living Area: 3,041 SqFt
Listing Office:
Office Name: Keller Williams Innovate-Wilmington
Interior Features
Interior Information:
Appliances: Electric Cooktop, Dishwasher, Other, Electric Oven, Electric Stove, Range Hood
This property is $1.5M more than the Median Sold Price and $16/SqFt less than other homes in Wrightsville Beach, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100437091
Listing Office:
Office Name: Keller Williams Innovate-Wilmington
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 3:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$5,301
$776,700
2019
$5,389
$789,600
2018
$5,389
$789,600
2017
$5,052
$789,600
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Wrightsville Beach Elementary School
220 Coral Dr
Distance between this listing and this school0.46 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school4.58 miles
Public District Grades PK-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school7.58 miles
Public District Grades KG-5
Middle School
5
/10
M C S Noble Middle School
6520 Market St
Distance between this listing and this school3.86 miles
Public District Grades 6-8
High School
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school4.84 miles
Public District Grades 9-12
6
/10
John T Hoggard High School
4305 Shipyard Blvd
Distance between this listing and this school5.59 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school9.25 miles
Public District Grades 9-12
Assigned Schools
7
/10
Wrightsville Beach Elementary School
220 Coral Dr
Distance between this listing and this school0.46 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school4.58 miles
Public District Grades PK-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school7.58 miles
Public District Grades KG-5
Assigned Schools
5
/10
M C S Noble Middle School
6520 Market St
Distance between this listing and this school3.86 miles
Public District Grades 6-8
Nearby Schools
4
/10
Roland-Grise Middle School
4412 Lake Ave
Distance between this listing and this school5.46 miles
Public District Grades 6-8
5
/10
Wilmington Preparatory Academy
4905 S College Rd
Distance between this listing and this school6.87 miles
Public Charter Grades KG-8
Assigned Schools
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school4.84 miles
Public District Grades 9-12
6
/10
John T Hoggard High School
4305 Shipyard Blvd
Distance between this listing and this school5.59 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school9.25 miles
The neighbors living near this home have an average income of $73,065. Most Wrightsville Beach, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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This home is located at 5 Oceanic St in Wrightsville Beach, NC and zip code 28480. This 3,041 square foot home, which was built in 1945, sits on a 0.08 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $3,000,000.
In March 2024, from all listings sold in Wrightsville Beach, NC there were more than 1 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Wrightsville Beach, NC real estate market has seen decrease in the number of listings by 6.1%. While the average time on the market in March 2024 was 62 days, the median list price was $1,500,000.
From Rocket Homes Real Estate and based on county public records data.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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